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[Sulfuric acid] Analysis of Sulfuric acid market price on January 2

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January 2, 2024, 5:51 PM

Analysis of sulfuric acid market price on January 2

1. Analysis of China's sulfuric acid market price 

Unit: yuan/ton

Type of acid making

markets

Type of acid making

December 28

January 2

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

180-260

170-260

-10/0

Jiangsu area

98% sulfuric acid

300-400

300-400

0

Zhejiang area

98% sulfuric acid

380-480

380-480

0

Sichuan region (ex-factory price)

98% sulfuric acid

460-570

460-570

0

Hebei region

98% sulfuric acid

180-280

180-280

0

smelting acid

Anhui area

98% smelting acid

230-280

230-280

0

Shandong area

98% smelting acid

60-160

40-160

-20/0

Hunan area

98% smelting acid

260-340

210-290

-50/-50

Jiangxi area

98% smelting acid

180-250

180-250

0

Henan area

98% smelting acid

50-150

50-150

0

Hubei area

98% smelting acid

250-320(Factory price)

250-320(Factory price)

0

Guangxi region

98% smelting acid

310-410(Factory price)

310-410(Factory price)

0

Yunnan region

98% smelting acid

450-510(Factory price)

450-510(Factory price)

0

Fujian area

98% smelting acid

170-320

170-320

0

Inner Mongolia region

98% smelting acid

200-400

200-400

0

Liaoning area

98% smelting acid

290-400

290-400

0

Sichuan area (delivery price)

98% smelting acid

380-500

380-500

0

Guizhou area

98% smelting acid

250-350

250-350

0

Zhejiang area

98% smelting acid

350-410

350-410

0

Gansu region

98% smelting acid

210-320

210-320

0

mineral acid

Shandong area

98% mineral acid

140-220

140-200

0/-20

Guangdong area

98% mineral acid

210-260

210-260

0

Hebei region

98% mineral acid

160-250

160-250

0

Sichuan region (ex-factory price)

98% mineral acid

430-550

430-550

0

Today, prices in some regions of China's sulfuric acid market have been reduced within a narrow range. As of now, the ex-factory price of 98% of the smelting acid price in Shandong is between 60 - 160 yuan/ton; the price of 98% of the sulfuric acid price is between 170 - 260 yuan/ton; 98% of the smelting acid price in Hunan is between 210 - 290 yuan/ton; Recently, due to the downturn in the sulfuric acid export market in Shandong, corporate export orders have decreased, China's demand has declined, insufficient support for sulfuric acid, and the price of new orders has been adjusted to a weak degree; The transaction atmosphere in the sulfuric acid zone in Hunan and Hubei is deadlocked, mainly due to the decline in demand in the downstream phosphate fertilizer industry, while the supply is relatively sufficient, and the supply and demand of sulfuric acid are game; China's overall sulfuric acid market is relatively stable, prices in some regions have been adjusted, and the sulfuric acid market has a strong wait-and-see attitude.

 

2. Analysis of sulfuric acid price index 

According to Tuduo data, the sulfuric acid market price index on January 2 was 295.38, down 4.62 from the previous working day, or 2%.

 

3. Future outlook forecast 

This week, the main acid plants for early maintenance have been restored one after another, and supply will increase; due to the market downturn in the downstream phosphate fertilizer and chemical industries, demand may decrease again in the later period, the supply of sulfuric acid in the market may be excessive, and regional prices are expected to fluctuate.